INDIAN spice traders are expecting declines in prices of the country’s cardamom in the coming weeks as farmers release stocks on fears of an extended harvest season. A report in The Financial Express said that following a slow down in February, arrivals had increased at the auction centres as farmers released more cardamom into the […]
INDIAN spice traders are expecting declines in prices of the country’s cardamom in the coming weeks as farmers release stocks on fears of an extended harvest season. A report in The Financial Express said that following a slow down in February, arrivals had increased at the auction centres as farmers released more cardamom into the […]
SPICE traders believe that Japan’s earthquake might slow down deliveries to the country but that things should return to normal relatively quickly. For the past two years, Japan has imported just over 100,000 tonnes of various spices, having dropped from a steady 120,000 tonnes or so in preceding years as ginger deliveries slid. Ginger (in […]
INDIAN spice exports during the first 10 months of the current fiscal year were up by 5% in volume and 18% in rupee value terms largely due to higher overseas sales of chilli, garlic, ginger and oleoresins. In contrast with the success seen in these items, exports of pepper, cardamom, turmeric and mint products are […]
THE Indian Spices Board plans to set up an export unit in 100 acres of land at Thodupuzha, which would help farmers sell their products directly. With major spice consumers such as the US and Europe demanding more quality compliance from producing countries, the spices parks emerging in various parts of the country will aim […]
CARDAMOM oil prices, which rose to spectacular highs throughout last year, have crashed down by 24% since October 2010 although rumours of a recovery abound. During 2010 cardamom prices started a rapid ascent from $350 per kg on a spot basis from Guatemala in February to $590 per kg in October, when things took an […]
THE Indian Spices Board is planning to set up an export unit in 100 acres of land at Thodupuzha, which would help the farmers sell their products directly. With major spice consumers such as the US and Europe demanding more quality compliance from producing countries, the Spices Parks emerging at various parts of the country […]
CARDAMOM oil prices, which rose to spectacular highs throughout last year, have crashed down by around 24% since October 2010 although rumours of a recovery are abound. During 2010 cardamom prices started a rapid ascent from $350 per kg on a spot basis from Guatemala in February to $590 per kg in October, when things […]
THE Indian Spices Board has launched the first major processing hub for pepper and cardamom at Puttady in Kerala’s Idukki district in an effort to boost the export of value added spice products. The Rs270m ($5.87m) spice park has been set up over 12.5 acres of land, purchased and leased out to the Indian Spices […]
INDIA’S exports of spices and spice products during April to December 2010 were up 16% in value year-on-year and 3% in volume. Over the period the country shipped a total of 391,560 tonnes compared with 378,950 tonnes in the same period of 2009, generating Rs48.8bn ($1.05bn) in revenue against Rs42.22bn between April and December 2009, […]